Page 35 - Tech Startups News Today : Breaking News, Live Updates & Top Stories | Vimarsana

portions of the state. just minutes ago we were seeing this video of a levy that failed overnight in monterey county. that has forced evacuations, washed out roads and bridges. this week's atmospheric river, the tenth to hit the state dropped more than a foot of rain in some areas. at least two people have died in the most recent storm and more rain is on the way for some hard-hit areas. several feet of snow is blanketing the sierra, nevada mountains. they worry melting snow could cause more flooding. california national guard in high water vehicles are staged throughout the state. m...

severe road damage as well. the california national guard is now on the scene in santa cruz to support emergency services. for some residents, the rising water is simply too much. >> we can't live like this. how do you live like this? how do i have my kids here? how do i have my elderly mother live here where i carry her out of the house? >> cnn's mike valerio and cnn meteorologist brit rits are tracking the latest. >> reporter: this is the heart of the flood rescue response effort. if you look around us, the area is inundated. as you mentioned at the top of the show, it is flooded b...

that ensures bank deposits and overseas financial institutions. the agency says all insured depositors will have access to their deposits no later than monday morning. the fdic ensures deposits of up to $250,000. why did this bank fail so quickly? >> it is an old school bank run in a modern economy. you can point to two reasons. the first is that the fed has been increasing interest rates since 2022. that has an effect on thing bank's assets, which means its unrealized bonds were worthless money. those increased interest rates has had a devastating effect in the tech sector at large....

♪ through the perilous fight ♪ ♪ o'er the ramparts we watched ♪ ♪ were so gallantly streaming ♪ ♪ and the rockets' red glare ♪ ♪ the bombs bursting in air ♪ ♪ gave proof through the night ♪ ♪ that our flag was still there ♪ ♪ o say does that star spangled banner yet wave ♪ ♪ o'er the land of the free ♪ ♪ and the home of the brave ♪ will: good morning. welcome to "fox and friends," live this morning from the american rodeo, part of the american western weekend in arlington, texas which i am holding down the fort in texas. along with rachel and p...

and the rise of china. and, climate advocates bless the president for approving a huge drilling project in alaska. we will sit down democratic senator chris van hollen let what it says about progressive's wish list ahead of 2024. plus, the bite administration says the worst is over, after a high-profile bank failure spoils markets appear. >> our banking system is sound. >> but while makers, business leaders and consumers are still bracing ahead of a fed interest rate decision just days away. we will bring in mohamed el-erian one of the world's most respected investors on what this me...